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Nvidia stock dips on CEO removal rumors but seen as a buy due to strong AI prospects.

Analyst Insights
12 Nov 2026, 16:45 WIB
Seeking Alpha
View Source
Bullish
Nvidia stock dips on CEO removal rumors but seen as a buy due to strong AI prospects.

Nvidia shares are falling amid reports that its board may remove CEO Jensen Huang. Despite this, the company’s strong AI roadmap, large order book, and competitive advantages suggest it is less reliant on Huang than feared. Analyst James Foord views the current price as undervalued and maintains a Strong Buy rating with a $239 target by January 2028. Risks include leadership changes and shifts in AI investment pace under new management.

Nvidia shares are trading at USD 162.03 on Pluang as of Nov 12, 2026, 22:01 WIB, down 6.73% in one day. The stock shows strong investor interest with 69% of orders as buys. Typical hold time for Nvidia on Pluang is 118 days, indicating moderate-term confidence despite recent price drops.

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